Contact a Loan Specialist Now
ERIK ADAMS
781.478.3653
EBERTO RANERO
781.478.3652
LAURA BROWN
781.478.3669
HEATHER STORME
781.478.3667
MIKE HORRIGAN
508.661.9437
98% of businesses in New England
meet the basic eligibility requirements for SBA 504 financing.
ABOUT SBA 504 LOANS
Learn everything you need to know about this unique financing program.
ELIGIBILITY GUIDELINES
Review loan guidelines and use our online tools to check eligibility.
DEBENTURE RATES
See the current and historical debenture rates.
Loans to Small Businesses
Total Project Financing
Jobs Created
What’s the deal?
Borrowers can obtain up to 90% financing, with up to 40% from Bay Colony at a 10, 20 or 25-year below market fixed rate and 50% from the participating lender at a conventional market rate.
Who can borrow?
What can the money be used for?
How large (or small) could the project size be?
Why Bay Colony?
Where is financing available?
Recently Funded Projects
Loans Funded January 2025
Loans funded in January 2025 ranged from $269,000 to $1,087,000 and provided assistance to businesses located in Salem, Sterling, Cambridge & Dracut, MA. The projects will contribute to the creation of 32 Jobs.
Loans Funded December 2024
Loans funded in December 2024 ranged from $182,000 to $3,653,000 and provided assistance to businesses located in North Attleborough, MA, Lowell, MA & Needham MA, Pittsfield, NH, Fremont, NH, Barrington, NH, as well as East Windsor, CT and Williston, VT. The projects will contribute to the creation of 20 Jobs.
Loans Funded November 2024
Loans funded in November 2024 ranged from $204,000 to $4,936,000 and provided assistance to businesses located in Ashland, Danvers, Holbrook, Westborough, East Longmeadow MA, as well as Plaistow, NH. The projects will contribute to the creation of 20 Jobs.